News
Voisey’s Bay back on track
Inco (N-T) says its recent decision to delay work on the giant Goro nickel laterite project in New Caledonia, owing to cost overruns, is not expected to affect the schedule for developing the Voisey’s…
The Northern Miner — North American Mining Index (December 16, 2002)
69.59 (-0.02)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (December 16, 2002)
78.27 (+8.24)(Sept. 30/98 = 100)…
Intertech Minerals
Intertech Minerals (IML-V) has changed its name to Mantle Minerals (MIN-V) on a 1-new-for-8-old-share basis.
Correction (December 16, 2002)
A recent insider trading report should have stated that Michael Terrel, director of St. Jude Resources (SJD-V), bought 23,000 shares directly at 65-80 apiece and 525,145 shares indirectly and private…
Aluminum subdued as tin trends upward
The following was culled from Barclays Capital’s monthly report The Commodity Refiner:AluminumThree-month aluminum prices managed to trade 4.2% higher during October and another 3% firmer by mid-Novem…
Drill results keep Cdn. Royalties keen at Mesamax
Vancouver — Canadian Royalties (CZZ-V) has tabled encouraging assay results for 11 additional holes drilled on its Mesamax prospect in northern Quebec.Mesamax is part of the Expo-Ungava property, whi…
Seabee’s grades improve in third quarter
Claude Resources (CRJ-T) reduced its losses in the third quarter as grades continued to recover at its Seabee gold mine in Saskatchewan.The net loss amounted to $200,000 (or nil per share) on revenue …
Eldorado expands Kisladag
Vancouver — Eldorado Gold (ELD-T) has added about 600,000 ounces to the in situ resource estimate of the Kisladag project in western Turkey.The expansion is based on 10,700 metres of reverse-circulat…
LME Warehouse Levels (December 16, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 10 (change from Dec. 3 in brackets):MetalStock(tonnes)ChangeAluminium…
Gitennes drills Rio Blanco
Six holes drilled in the Rio Blanco copper zone in northern Peru have returned encouraging results for Gitennes Exploration (GIT-T).London-listed Monterric Metals, which can earn a 75% stake in the pr…